Li Ning HKEX:2331 has been dependable in recent months. Sitting within a tight weekly regression trend channel, it has just pulled back and hit 20 EMA which it seems to more or less respect. It is also moving with the industry-wide uptrend. My guess is that it will bounce 10% within 30 days. Target exit at 55.50.
From the day chart, we can see that selling pressure has eased and buyers have returned to push the price up higher. You can either enter a small position here and wait for it to break out of the next resistance level at 26.52 convincingly before adding more.
Xinyi just made an All Time High. Even on NYE, the stock attracted enough attention to hit a High. The sky is the limit.
HS1! HSI1! 2021 Jan 11 Week Red/Green zones are preferred entry area. Intermediate 27753 resistance was broken through and has now become intermediate support. Though B sees a rejection, the volume isnt' as high as I'd like to see. The bar after it is a down bar on low volume. Notice also the price rotation zone marked out by the grey box. Let's see if...
Hello, I see two coming scenarios. Anyway it will bounce back to 35+ level in some next days.
Buy @ market with stop loss at 6 and TP are the black lines above the top with exiting most @12,4.
Analysis based on Elliott wave, trend analysis, , support & resistance, and head & shoulders. Buy from 2,15-2,5. TP @5,5-6
JD could make limited pushdown towards our pivot level, where the 61.8% fib retracement is. MACD is also showing that this bullish trend could enter a period of consolidation.
It is the Chinese supplier of AAPL and generally follows AAPL. I think that correction will end this week and it will go up
double bottom and the reversal is begining for 161hk again!
will move the investors from nasdaq to hangseng to buy BABA safeste at hong kong??
the decline has finished ,it closed too far away for the days lows and price target min for trading daily is 168,1
Read latest news here , and here . So, you can see approximately the last 6 years, Kingsoft price was hoovering between 10 -35 dollars range. This is a litmus test for investors on their holding power, risk tolerance, etc. Sometimes, they swapped out due to seeing little to no activity in the share price and do not want to miss "opportunities out there". I...
Take advantage of it ! As the middle income group grows and becoming more affluent, they would be more educated on the importance of having life insurance, setting aside money for retirement, procuring education plans ,etc for the families. The penetration rate is HIGH and thus we are only seeing the tip of the iceberg. Long for the long term!
The same thing can be said for Tencent too. Read my analysis on Alibaba here In the 4H chart, I am queuing to buy at 502 support line , a strong support in the past months. However, if the government is pushing its envelope and step on the accelerator in regulating these Tech giants, we could possibly see the share price drop even further to 419.50. If that...